. Worse, Brexit risks became heightened in the wake of political change in the United Kingdom. The World Economic Outlook of the International Monetary Fund cut its 2019 global economic growth projection to

E_1 Legal_FA_2015_12_29-c A WCorpL4.1hig A Executive Summary of Management Discussion and Analysis 1 For the Year Ending December 31, 2018 In 2018, the overall Thai economy maintained its growth due

Coronavirus pandemic or COVID-19 pandemic which was confirmed to have reached Thailand in January. The outbreak became widespread in many areas in the country led to the announcement of the state of emergency

E_1 Legal_FA_2015_12_29-c A FFeeCCoorrppLL44..11hhiigg A Executive Summary Management Discussion and Analysis For the Quarter Ended September 30, 2017 The Thai economy maintained steady growth in the

to be able to transfer some villas to the customers during Q1 2018. MahaSamutr Country Club and Sports Club are currently in the process of infrastructure including exterior and interior decoration

and will be completed soon. The Company expects to be able to transfer some villas to the customers during Q1 2018. MahaSamutr Country Club and Sports Club are currently in the process of infrastructure

2019. Meanwhile, MahaSamutr Country Club and Sports Club are currently in the process of restructuring and expected to be completed and operated in 2019. Project Operated By Project Value (MB) Total

new business to support future growth complied with the policy of synergy in group companies. Jaymart has been expanding business focusing on the retail business and preceding transformed into the

, driven mainly by exports sector, private consumption, government spending and investment. In the fourth quarter, Thai economic growth is expected to be driven by government initiatives such as Low-income

%, compared to a growth of 1.5% in the previous quarter, according to data from Bank of Thailand and NESDB. This was mainly from contraction of export sector due to sluggish demand in the global market, oil